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002605.SZ$19.60+4.20%
Fair $19.60+0.0%

002605.SZ

Shanghai Yaoji Technology Co., Ltd.

Consumer Cyclical / LeisureShenzhen

$19.60

+0.79 (+4.20%)

Fairly Valued+0.0%Fair Value $19.60Fund rank 35/100 · Data gapFallback financials|
SA 37/D
F-Score: 4/9
Declining Revenue

FCF base 3Y

n/d

n/d CAGR · yield n/d

FCF base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 24% · confianza 25%

FCF escenarios

weak_data · normalized FCF $308.5M · quality 73.3/100

Data gap 35/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 67/100Data QA 20/100

Ranking barato/determinista: CAGR esperado 5Y + downside bear + calidad del modelo + balance + capital allocation + data gate. No entra en buy-candidate si la data es débil o el CAGR 5Y no compensa.

Quality + valuation scorecard

SA Score

37/100

D

Piotroski

4/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

16/100

SEC 0%

Latest source: unknownPeriods: 4Warnings: 1unknown: 4
No SEC-backed annual rows; valuation uses fallback financial data. Insufficient audited annual history (<3 SEC-backed years); composite fair value and forward targets are disabled until manually verified. Revenue has declined for 2 consecutive years
Thesis & Journal · 002605.SZLocal privado en este navegador · Shanghai Yaoji Technology Co., Ltd.
Plantilla tipo buy-side: tesis, bull/base/bear, catalizadores, riesgos, kill criteria y fecha de revisión. Esto no gasta GPT-5.5; luego lo usamos como contexto del memo.

Sin guardar todavía.

Market Cap

$8.2B

P/E

18.1x

↑

EV/EBITDA

11.7x

↑

ROE

12.2%

↑

Gross Margin

43.5%

↑

Debt/Equity

0.20

↓
52-Week Range$20
$18$33

TradingView lightweight chart

002605.SZ price, volumen y niveles de valoración

Último $19.60Periodo +117.4%
Fair value: $19.60

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2022–2025 · 3 años de histórico normalizado

Revenue CAGR

-5.2%

FCF CAGR

-15.7%

FCF margin

11.5%

FCF / Net income

0.66x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $2.69B · net income $467.1M · FCF $308.5M

2022-FY → 2025-FY

Gross margin

43.5%-4.5% pts

Operating margin

22.3%+4.3% pts

Net margin

17.4%+6.3% pts

FCF margin

11.5%-4.8% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$2.69B$2.69B$3.27B$4.31B$3.16B
Net Income$467.1M$467.1M$539.0M$562.5M$348.6M
EBITDA$679.3M$679.3M$779.2M$793.9M$516.3M
EPS1.101.101.271.350.86
Gross Margin43.5%43.5%43.4%37.6%48.0%
Operating Margin22.3%22.3%21.8%18.4%18.0%
Net Margin17.4%17.4%16.5%13.1%11.0%
Balance Sheet
Debt/Equity0.200.200.200.130.20
Current Ratio3.003.00———
Cash Flow
Free Cash Flow$308.5M$308.5M$411.5M$204.0M$515.0M
Returns
ROE12.2%12.2%15.4%17.5%12.9%
Valuation
P/E18.1518.1519.7116.0617.96
EV/EBITDA11.7011.7013.1511.0011.71
P/B2.192.193.032.802.32
Growth & Yield
Revenue Growth-17.8%-17.8%-24.0%36.4%—
EPS Growth-13.5%-13.5%-6.3%57.9%—
Dividend Yield2.5%2.5%———

Revenue, Net Income & Free Cash Flow ($B)

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%

3Y implied EPS CAGR

16.7%

exigente

EPS terminal req.

$1.74

Spread vs growth

-30.1%

5Y implied EPS CAGR

14.0%

razonable

EPS terminal req.

$2.10

Spread vs growth

-27.4%

10Y implied EPS CAGR

12.0%

razonable

EPS terminal req.

$3.39

Spread vs growth

-25.4%

Qué te dice: cuánto EPS CAGR está descontando el precio si sales al múltiplo terminal indicado. Si el growth observado queda por debajo, el mercado está pidiendo una ejecución muy fina.

Return attribution · 1Y approxreconcilia total -22.0%

Total return

-22.0%

Start / end P/E

20.5x → 17.9x

EPS bridge

1.27 → 1.10

Residual

+1.7%

EPS growth-13.5%
Multiple rerating-12.8%
Dividend+2.5%
Residual / FX / buybacks / cross-term+1.7%

Simple additive decomposition: total return = EPS growth contribution + P/E multiple contribution + dividend contribution + explicit residual. The residual captures cross-terms, buybacks/share-count effects, FX, special dividends, data noise and methodology mismatch so the bridge always reconciles.